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News
Doubts remain over longevity of UK productivity surge amid AI adoption debate
19+ hour, 20+ min ago (483+ words) Britain’s economic productivity is starting to show signs of sustained improvement, economists have reported, potentially marking the end of a prolonged slump that began around the 2008 financial crisis and appeared to worsen after the COVID-19 pandemic. Rising productivity — or the…...
Cyprus’ AI strategy is sound – execution is what matters
2+ day, 20+ hour ago (418+ words) Dr Panayiotis C. Andreou and Dr Costas Tziouvas, Cyprus University of Technology The idea of sovereign capability through partnerships is likewise well suited to a small economy. Strategic autonomy does not require a country to build every AI model, semiconductor, cloud…...
The second company: When a Cyprus business should add a US LLC, and when it should not
4+ day, 15+ hour ago (518+ words) Cyprus Mail...
AR display shipments set to overtake VR as smartglasses grow lighter
5+ day, 2+ hour ago (415+ words) Global augmented reality display shipments are forecast to reach 21 million units by 2030, overtaking virtual reality display shipments at 19 million units, according to research firm Omdia’s latest forecast for the extended reality near-eye display market. The shift points to a broader…...
Chinese robot beats Usain Bolt’s 100m world record in test run
6+ day, 19+ hour ago (178+ words) A humanoid robot developed by Chinese smartphone maker Honor ran 100 meters in 9.32 seconds, China’s state broadcaster reported on Saturday, beating the human world record held by Jamaican sprinting great Usain Bolt. The robot, dubbed Lightning, reached a peak speed of…...
Limassol-based technology firm sees July revenue climb to $531 million
1+ week, 20+ hour ago (320+ words) Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, generated estimated consolidated revenues of approximately $531 million in July 2026, representing an 89 per cent surge compared to the same month last year. The Limassol-headquartered group, which publishes monthly revenue estimates in…...
Plug and Play Cyprus unveils first 10-startup accelerator cohort
1+ week, 15+ hour ago (677+ words) Plug and Play Cyprus has unveiled its first cohort of 10 startups, following the launch of its activities on the island in April as Cyprus continues to build momentum as an emerging technology and innovation hub. The Silicon Valley-based innovation platform…...
Bank of Cyprus Seeks the Next Generation of Technology, Cybersecurity and Digital Transformation Professionals
1+ week, 18+ hour ago (621+ words) If you enjoy building, developing, and making a difference, this opportunity could be just what you’re looking for. What does an ambitious technology professional look for in their next career move today? Modern technologies and challenging projects. Opportunities to learn,…...
Nvidia to provide up to $105 billion guarantee for OpenAI’s Ohio data center
1+ week, 3+ day ago (705+ words) Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments. The Jensen Huang-led firm…...
Anthropic revenue run rate tops $65 billion, source says
1+ week, 3+ day ago (205+ words) Anthropic’s annual revenue run rate topped $65 billion by the end of July, a person familiar with the matter said on Monday, underscoring the Claude creator’s rapid growth ahead of a potential public listing later this year. The AI startup’s latest…...